Latest News & Commentary
Runaway Land Prices a National Economic Emergency
Politicians must act to show genuine leadership • Land prices to rise 65% in 5 years • Mortgage and residential rent burden to increase, less for small business • Inequality determined by property ownership Rising land prices are a national economic emergency,...
National Water Reform Submission 2021
Download our 2020-21 National Water Reform Inquiry 2020-21 submission (submitted March 2021) Prosper Australia thanks Productivity Commission for accepting feedback on its draft National Water Reform Report. As a non-government organisation with a focus on economic...
Eviction moratorium ends as vacancy holiday continues
Prosper Australia is concerned that government incentives in the property market have gone too far, sending our market spiralling without the necessary checks and balances. Next week’s expiry of the eviction moratorium brings the precarious nature of renters into...
Submission to the 2021 Victorian Budget
Download our 2021 Vic budget submission (submitted February 2021) Executive Summary Prosper welcomes the opportunity to contribute to the 2021-22 Victorian Budget. We are an independent, Melbourne-based research institute with a focus on the management of exclusive...
The Resilience of Extractive Diplomacy
Renegade Economists Show As broadcast on the 3CR airwaves 6 - 6.30pm on the fourth Wednesday of the month. Subscribe to the monthly podcast. Show Notes Prof Michael Hudson talks about society’s fragility under the weight of land based debt. How have geo-political...
2020 Land tax reform highlights
The year of 2020 was a shocking year for many reasons, from the bushfires to a global pandemic. But there were some positives too, especially for land tax reform. Here are some of the developments that should give us some cautious optimism for the years ahead. NSW’s...
We Are Rent with Fred Harrison
An interview with Fred Harrison discussing his new book We Are Rent: “We continue to privatise the essence of our humanity.” A new moral framework is required to address this subtle form of subsidy for the wealthiest.
The Persistent Puzzle – Speculative Vacancies 10
Our 10th investigation into vacant land and housing in Melbourne is available here. Share this short highlights piece. https://youtu.be/jGFt7BCVKo4 Watch the report presentation: https://youtu.be/GMgGOGoCxOU Key Findings • Water usage data finds 69,004 properties...
Housing vacancies continue to increase as land price booms
Vacant Residential Land Tax is ineffective in curtailing property vacancies in Melbourne. Policy must prioritise housing as a human right, not a profit generating tool. Budget housing policy will drive up land prices, countering the need for fairer post-covid housing...
From Precarity to Self-Preservation
Renegade Economists Show 590 As broadcast on the 3CR airwaves 6 - 6.30pm on the fourth Wednesday of the month. Subscribe to the monthly podcast. Show Notes Karl reviews Australia's recent land valuation bonanza, what it means for social equity and how recent...
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